The global Magnetic Flaw Detectors market was valued at 69.7 Million USD in 2021 and will grow with a CAGR of 4.93% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Magnetic particle Inspection (MPI) is a non-destructive testing (NDT) process for detecting surface and shallow subsurface discontinuities in ferromagnetic materials such as iron, nickel, cobalt, and some of their alloys. The process puts a magnetic field into the part.The classification of Magnetic flaw detectors include magnetic yokes,potable units and magnetic benches. Magnetic particle testing is one of the longest established and most commonly used nondestructive testing methods. It has been widely used in many different industries, especially in automobile, aerospace, oil and gas industries, which has a huge market share.

By Market Verdors:

MAGNAFLUX

CGM CIGIEMME SpA

CHiNDT

Beijing Citong

Karl Deutsch

Shanghai Yuguang

Baugh & Weedon

Western Instruments

Sheyang Hongxu

SREM Technologies

Johnson and Allen

DCM TECH INC

NAWOO

Nihon Denji Sokki

Promprilad

GOULD-BASS

PARKER RESEARCH

By Types:

Magnetic Yokes and Potable Units

Magnetic Benches

By Applications:

Automotive

Aerospace

Oil & Gas

General Industry

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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